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Infographic: Millennials shedding credit card debt, survey says

In the recession’s wake, every generation has shed credit card debt — but the youngest generation has been most aggressive about it. A survey from Auriemma Consulting Group published in August 2011 reports that the number of both Generation Xers and Millennials who say they frequently carry a balance has fallen 18 percentage points in just four years. Baby boomers, meanwhile, have seen a much smaller decline.

Survey: Millennials shed card balances

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Credit Card Rate Report Updated: March 13th, 2019
Business
15.24%
Airline
17.50%
Reward
17.52%
Cash Back
17.58%
Student
17.79%

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